Ark Invest CEO and coinbase logo in the background

Ark Invest, Led by Cathie Wood, Sells Off $54M Worth of Coinbase & Robinhood Stocks

Cathie Wood’s Ark Invest, a prominent investment management business, recently sold more than $54 million worth of Coinbase (COIN) and Robinhood (HOOD) securities. The drop comes amid a rise in COIN and HOOD stocks, which just reached a new 52-week high.

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